Household Consumption When the Marriage Is Stable

S-Tier
Journal: American Economic Review
Year: 2017
Volume: 107
Issue: 6
Pages: 1507-34

Authors (4)

Laurens Cherchye (not in RePEc) Thomas Demuynck (not in RePEc) Bram De Rock (not in RePEc) Frederic Vermeulen (KU Leuven)

Score contribution per author:

2.011 = (α=2.01 / 4 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We develop a novel framework to analyze the structural implications of the marriage market for household consumption. We define a revealed preference characterization of efficient household consumption when the marriage is stable. We characterize stable marriage with intrahousehold (consumption) transfers but without assuming transferable utility. Our revealed preference characterization generates testable conditions even with a single observation per household and heterogeneous individual preferences across households. The characterization also allows for identifying the intrahousehold decision structure (including the sharing rule) under the same minimalistic assumptions. An application to Dutch household data illustrates the usefulness of our theoretical results.

Technical Details

RePEc Handle
repec:aea:aecrev:v:107:y:2017:i:6:p:1507-34
Journal Field
General
Author Count
4
Added to Database
2026-01-25